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47 Cumberland Avenue

Portland, ME 04101
  • $2,255,000
  • STATUS: Active
  • MLS #: 1591632
UPDATED: 101 min ago
$2,255,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 882
    SQFT
Neighborhood:
Type:
Commercial
Built:
1884
County:
Area:

School Ratings & Info

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Description

The site is currently home to a modest single family home (47 Cumberland) and a large open and level lot at the end of Sumner Ct (an improved private road just off North St). The building envelope is large, open, level and elevated affording expansive city skyline, Back Cove and White Mountain views. At a combined .31 acres or +/-13,590 sq/ft +/- the total possible unit count is 15 and the non-historic district, R6 Munjoy Hill Overlay zoning ensures the reimagine/redevelopment process will be streamlined. The options are many and the opportunities near limitless. From living in the single family with your very own urban oasis / orchard in the backyard to building a 1-2-3 family with your deluxe owners unit on the upper level to buy and pursue a mid to large scale development of condos, apartments of a mix... There is also more land and an adjacent 6 unit available for the investor/developer that might want more/more options. Opportunity is knocking!

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Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T15:52:35.803.
www.davidmarshallteam.com/homes/151173213
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47 Cumberland Avenue Portland, ME 04101

  • Price: $2,255,000
  • Status: Active
  • On Site: Days
  • Updated: 101 min ago
  • MLS #: 1591632
0
Beds
0
Baths
0
½ Baths
0.31
Acres
882
SQFT
$2,557
$/SQFT
1884
Built
Neighborhood:
Munjoy Hill / East End
County:
Cumberland
Area:
Portland
Property Description
The site is currently home to a modest single family home (47 Cumberland) and a large open and level lot at the end of Sumner Ct (an improved private road just off North St). The building envelope is large, open, level and elevated affording expansive city skyline, Back Cove and White Mountain views. At a combined .31 acres or +/-13,590 sq/ft +/- the total possible unit count is 15 and the non-historic district, R6 Munjoy Hill Overlay zoning ensures the reimagine/redevelopment process will be streamlined. The options are many and the opportunities near limitless. From living in the single family with your very own urban oasis / orchard in the backyard to building a 1-2-3 family with your deluxe owners unit on the upper level to buy and pursue a mid to large scale development of condos, apartments of a mix... There is also more land and an adjacent 6 unit available for the investor/developer that might want more/more options. Opportunity is knocking!
Exterior Features

Construction Materials Vinyl SidingWood Frame Foundation Details StoneBrick/Mortar Lot Features Rail AvailablePublic Transport AccessNear Turnpike/InterstateNear AirportDowntownNear Shopping Parking Features 1 - 4 SpacesOn SiteOff StreetTandem Roof PitchedShingle

Interior Features

Basement FullUnfinished Carpet Floors YN Yes Cooling None Cooling YN No Flooring WoodVinylTileCarpet Heating Multi-ZonesHot Water Heating YN Yes Interior Features Storage Tile Floors YN Yes Wood Floors YN Yes

Property Features

Association YN No Electric Circuit Breakers Heat Fuel Oil YN Yes Land Lease YN No Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 5569 Tax Year 2023 Water Source Public Zoning R6/ Munjoy Hill NCOD

Maine Real Estate Information Systems logo Listing provided courtesy of Benchmark Real Estate: .

© 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

Mortgage Calculator is provided by BoomTown.
Maine Real Estate Information Systems logo
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2024-06-12T15:52:35.803.
 
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The David Marshall Team | eXp Realty, LLC
533 Congress Street
Portland ME, 04101
Mortgage Calculator tool is provided by BoomTown.